Investment firm advises sale of auto body chain
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Automotive

Investment firm advises sale of auto body chain

RICHMOND, Va. — Founded in 1954, Kadel’s Auto Body is a provider of auto body repair services in the Pacific Northwest.

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RICHMOND, Va. — Harris Williams & Co. announced the sale of Kadel’s Auto Body to ABRA Auto Body & Glass, according to a press release.

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Harris Williams & Co., a member of The PNC Financial Services Group Inc., is a middle market investment bank focused on the advisory needs of its clients around the world, stated the release.

Joe Conner of Harris Williams & Co.’s Transportation & Logistics (T&L) Group and Matt Conaty, Ryan Budlong and Zach England of the firm’s Consumer Group, lead the transaction, continued the release.

Kadel’s is a provider of auto body repair services in the Pacific Northwest founded in 1954, reported the release, and the business currently operates 23 locations throughout Idaho, Oregon and Washington.

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ABRA, founded in 1984, specializes in collision repair, paintless dent removal and auto glass repair and replacement, noted the release, with 286 company-owned and franchised repair centers in 22 states.

You can find the release here.

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